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Insurance Risk Engineer Jobs in Chicago, IL (NOW HIRING)

Invenergy LLC

Associate, Insurance

Chicago, IL · On-site

Invenergy is North America's largest privately held developer, owner, and operator of power ... General insurance support: * Assist with the preparation of monthly, quarterly, and annual risk ...

Invenergy

Associate, Insurance

Chicago, IL · On-site

Invenergy is North America's largest privately held developer, owner, and operator of power ... General insurance support: * Assist with the preparation of monthly, quarterly, and annual risk ...

Invenergy

Associate, Insurance

Chicago, IL · On-site

Invenergy is North America's largest privately held developer, owner, and operator of power ... General insurance support: * Assist with the preparation of monthly, quarterly, and annual risk ...

Invenergy LLC

Associate, Insurance

Chicago, IL · On-site

Invenergy is North America's largest privately held developer, owner, and operator of power ... General insurance support: * Assist with the preparation of monthly, quarterly, and annual risk ...

Mortenson

Senior Safety Engineer I

Itasca, IL · On-site

$89K - $120K/yr

Work with client safety personnel, union representatives, and insurance risk engineers * Ensure maintenance and inspection of safety equipment and build relationships with diverse backgrounds and ...

Swiss Re

Risk Consultant- P&C Insurance

Chicago, IL · On-site

$98K - $163K/yr

Expertise in statistical tools, programming languages, and visualization tools (e.g. Python, R, SQL ... of insurance-based risk transfer, working to make the world more resilient. We anticipate and ...

Swiss Re

Risk Consultant- P&C Insurance

Chicago, IL · On-site

$98K - $163K/yr

Expertise in statistical tools, programming languages, and visualization tools (e.g. Python, R, SQL ... of insurance-based risk transfer, working to make the world more resilient. We anticipate and ...

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All JobsInsurance Risk Engineer JobsInsurance Risk Engineer Jobs in Chicago, IL

Insurance Risk Engineer information

See Chicago, IL salary details

$40.2K

$104.9K

$141.8K

How much do insurance risk engineer jobs pay per year?

As of Jul 3, 2026, the average yearly pay for insurance risk engineer in Chicago, IL is $104,902.00, according to ZipRecruiter salary data. Most workers in this role earn between $86,600.00 and $120,100.00 per year, depending on experience, location, and employer.

What does an Insurance Risk Engineer do?

An Insurance Risk Engineer assesses potential risks associated with a business or property to help insurers make informed underwriting decisions. They analyze safety protocols, operational procedures, and structural conditions to identify hazards and recommend risk mitigation strategies. Their goal is to minimize potential losses for both the insurer and the policyholder by implementing effective preventive measures. Risk engineers often conduct site inspections, review compliance with industry regulations, and provide detailed reports to underwriters. This role requires a strong understanding of engineering principles, risk assessment methodologies, and industry-specific safety standards.

What are the typical daily responsibilities of an Insurance Risk Engineer?

Insurance Risk Engineers commonly spend their days conducting on-site risk assessments of commercial and industrial properties, analyzing data to identify potential hazards, and preparing detailed risk evaluation reports for underwriters and clients. They often meet with property managers, safety officers, and other stakeholders to discuss best practices and recommend loss prevention measures. The role may involve occasional travel to client locations and close collaboration with underwriting and claims teams. This dynamic work environment enables continuous learning and opportunities to make tangible impacts on risk management outcomes.

What are the key skills and qualifications needed to thrive in the Insurance Risk Engineer position, and why are they important?

To thrive as an Insurance Risk Engineer, you need a solid background in engineering or a related technical field, strong analytical abilities, and in-depth knowledge of risk assessment methodologies. Familiarity with risk modeling software, industry safety codes, and certifications such as CFPS (Certified Fire Protection Specialist) or ARM (Associate in Risk Management) is highly valued. Exceptional communication, problem-solving skills, and attention to detail are key soft skills for effectively interacting with clients and translating complex technical findings. These competencies ensure accurate risk evaluations, support underwriters, and help mitigate losses, ultimately protecting both insurers and their clients.

What are the most commonly searched types of Insurance Risk Engineer jobs in Chicago, IL? The most popular types of Insurance Risk Engineer jobs in Chicago, IL are:
What are popular job titles related to Insurance Risk Engineer jobs in Chicago, IL? For Insurance Risk Engineer jobs in Chicago, IL, the most frequently searched job titles are:
What job categories do people searching Insurance Risk Engineer jobs in Chicago, IL look for? The top searched job categories for Insurance Risk Engineer jobs in Chicago, IL are:
Insurance Risk Engineer jobs near you
Infographic showing various Insurance Risk Engineer job openings in Chicago, IL as of June 2026, with employment types broken down into 67% Full Time, and 33% Part Time. Highlights an 100% In-person job distribution, with an average salary of $104,902 per year, or $50.4 per hour.

Senior Environmental Consultant - Environmental Engineering Practice

Hanchey

Chicago, IL • On-site

Full-time

Medical, Dental, Vision, Life, Retirement

Posted 27 days ago

Job description


KEY OBJECTIVES:The Senior Environmental Consultant for the Environmental Engineering Practice will support the execution of technical engineering evaluation requests from the Environmental Risk underwriting team on a pre and post bind basis. Core responsibilities include leading underwriting phone surveys with existing or potential insureds, conducting environmental document reviews in support of underwriting, supporting policy submission, providing value-added services for insureds, developing and administering training programs, meeting attendance, performing account site visits as required by underwriting management, conducting in-office consultations, and researching existing and emerging risks.
DUTIES AND RESPONSIBILITIES:
  • Technical
    • Maintain a broad technical expertise in environmental risk evaluations and environmental insurance coverages.
    • Collaborate with internal and external engineers and environmental scientists in completing assessment of risk for current and prospective Environmental Risk insureds.
    • Develop technical risk evaluation work products.
    • Review and summarize findings of Environmental Database Searches.
    • Provide risk consultation to underwriting business partners and Regional Management.
    • Support the preparation and delivery of value-added products and services for insureds.
  • Financial
    • Complete technical evaluations within expected time frames and levels of effort.
    • Assist with development of budget estimates for large scale risk evaluations.
  • Process
    • Reporting to the Program Manager, complete all risk evaluation assignments within established deadlines.
    • Pro-active communication with Program Manager and underwriting business partners on account review status, and changes to initial work request.
    • Support as needed Quality Review of internal or external risk engineers' work product or deliverable.

Requirements
QUALIFICATIONS AND EXPERIENCE:
  • Four-year college degree from an accredited institution in science or engineering.
  • Minimum of ten years of environmental consulting experience; three years supporting environmental insurance risk evaluations is a plus.
  • Proficient with multiple database software programs, MS Office software products, financial tools, and project management programs.
  • Requires comprehensive and in-depth knowledge of federal environmental regulations, including general broad knowledge of HSE best management practices and site remediation programs.
  • Excellent written and communication skills required for general correspondence, technical report preparation and internal and external (insureds) presentation or training delivery.

DESIRED SKILLS AND BEHAVIORS:
  • Combines both logical and conceptual thinking to draw conclusions from complex technical information.
  • Closely coordinates with Program Manager on program goals and service delivery improvements.
  • Produces quality written products within required deadlines, which may include expedited project requests.
  • Demonstrates initiative and ownership in seeking and addressing opportunities and correcting or overcoming problems.
  • Demonstrates high energy and focus.
  • Develops relationships and works well with others, including in remote work environments.
  • Must be able to work independently with minimal supervision.

Location - US-Based (location flexible)
Travel - 10% travel domestically.
May be required to work with or in an environment that contains unpleasant conditions, and/or chemicals or hazardous materials.
Benefits
Company offers a competitive compensation package and comprehensive benefits package including life, health and dental, vision, a generous retirement savings plan, disability coverage, stock purchase plan, flexible spending accounts, tuition reimbursement, and business casual dress.

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